We have mechanisms to expedite capital raising, says the JSE
The company is in talks with finance authorities to examine other ways companies can raise money when circumstances call for it
The JSE says it will continue to look at options that will allow companies to raise capital more speedily when confronted by crises like Covid-19, but that these must be balanced against the need to protect the rights of minority investors.
“The JSE has been approached by a number of sponsors and advisers exploring possibilities on how capital can be raised quicker and more efficiently, and is in active discussions with the Financial Sector Conduct Authority (FSCA) on further measures to speed up the process of issuers raising capital even further whilst still protecting the interests of investors,” said JSE director for issuer regulation Andre Visser...
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